The diamond drill. (Crystal Falls, Iron County, Mich.) 1887-1996, 1887-11-12

Tened 81 Tho Consolidated
So-s -o 10 Assume Controi--T The
very y standard OF Orc from 8.
y. HoI re Nine on Section -.
Attne q bortson- Late Market Re.
Ports IN Notes.
The You <rfovn mine IL 10 he shnt
downfor ME-. II is said thnf the pur-
chase al n ninp by the Lake Superior
~onsolidu0d Iron Co.. is about consuln-
mated and <hnt a. that company willnot
take charge until February next the
4 Youngstown people will not COON mining
and stocking ore only TO the profit ofthe
new corners and therefore the mine will
be allowed 20 al with water. This will
throw many miners out OF employment
but for a short time only as there are now
great many new properties being devel-
oped and many explorations contem-
plated. The owners will as soon as they
take hold of the mine put ON "a large
force OF men and hoist all Of the ore Dos
sibe and the mine is now i'm shape to
permit OF very large output The
Youngstown has shipped about $4,000
tons OF ore this season, the shipment
being seriously curtailed by the great
scarcity Of ore cars. The Iron River and
Florence mines, also included i'm the con
ff%f'@N@"-"s Nf@fl
A recent analysis Of the ore from the
new mine ON section thirteen, 1892,
shows that the ore is bettering. An an.
aIysis Of the hard ore from the north pit
shows $3.50 per cent OF metallic iron
and .Ol3 per cent. phosphorus, and the
ore taken from the top OF the ledge i'm the
new pit now being lowered carries 63.65
per cent. with but .039 per cent. phos-
phorus. This analysis il made from
average samples Of the ore, which prove
almost conclusively that the vein is OF
Bessemer ore and If anything, viii better
rather than have "A tendency TO fall i'm
iron and raise in phosphorus. The find
\ il regarded by mining men AZ a mine in
every sense the word implies and very
large one. The find will he thoroughly
opened up and will probably be offered
for sale, though the present owners ARE
well able TO hold IL and are in no hurry
TO dispose oil SO valuable thing until it's
extent is proven.
The iron County Reporter furnishes
the following mining items: eve were
shown basket of ore taken from the
Caledonia mine this week, that il ahead
OF anything that we have seen lately. 1t
lisa soft ore OF vermilion color similar to
some OF that found i'm the Nernnilion dis
trict in Minnesota. DIR. ID. NJ. Bond, the
president OF the company, says that he
has about perfected arrangements TO have
spur railroad track put i'm there after
which the mine will be rapidly developed.
The ore is safely within the Bessemer
limit, and the mine only requires railroad
facilities To develop it into a valuable
property.--D G. Mackinnon's explora-
tionH on the southwest quarter of the
southwest quarter OF section twenty-six,
1895, is looking weIk He is down some
distance I'm ore and is now prosecuting.
Wednesday evening the vein had been
cross-cut to distance OF ten feet and
still i'm ore"
Sinking is To be commenced i'm the or
ginal shaft at the CulbcrtsOn mine ON
section twenty-five, 43-32. The shaft is
]. now forty feet deep ard will Ice lowered
some ninety more when drifting and
prosecuting viii be commenced. The
property is looking all that could be ask
ed.
At DR.. H. c. Kimball's exploration on
the town site near the Catholic church,
the shaft has been carried down "A dis
lance of forty feet without encountering
the ledge.
AT the Baney mine n force of men is
now engaged in stopeing from the long
drift which has been driven TO the north
The laborers at the Culbertson mine
were paid off on Wednesday.
The ore trade is experiencing a season
Of Indian summer and while, month
ago, dealers reported all their stocks sold
up closely, the past week has witnessed
sales aggregating n trille more than 5000
tons The prices realized were somewhat
above the market. Negotiations are
also pending for sale Of n round lot of
non essemer hematitcs. OF course,
what ore il now placed ON the market IL
not Of best grades, nor very well known.
Ii ia n new ore, mined late and brought
down to the lake ports To take its chanc-
es. While the demand for ore Is good,
furnacemen are not hungry Tor II, and,
indeed, dislike new ores. Experience has
shown that 60 maintain certain standard
qualities OF their product, they must not
change their ore, and their needs are by
NO means SO pressing as Co force them To
scrape up odd lots Of new ore OF which
little il known beyond the report OF an
analysis There has been no furthur in-
iIation Of ore freghts, Ashland charters
remaining mt $2.75. Next season schar-
ters will give rise to IAN interesting strtT-
gle between ore dealers and vesselmen.
At present there IL quite a diversity OF
opinion as TO future lake fieights. The
ore producers say that season charters
will not exceed 81 80 from Ashland,
81 20 from Marquette and Doc. from
Escanaha, while vesselmen are equally
firm i'm asserting that Ashland heights
will bc no less than So, with $l.75 from
Marquette and $i5O from Escanaba.
The difference H. that ore producers do
MT cara ~ consider the question OF